Citrix Systems CEO to Retire

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Citrix Systems Inc. announced the retirement of its long time chief executive, Mark Templeton, and the workplace-software company announced plans to appoint Jesse Cohn of Elliott Management Corp. to its board of directors. The news comes as the company reported ...

Asian Shares: China Shares Teeter on Losses

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng China's shares flitted between positive and negative territory Wednesday as officials stepped up efforts to calm markets, while other Asian shares recovered from recent losses with focus shifting to corporate earnings and the Federal Reserve's monetary-policy meeting. ...

S&P Lowers Brazil's Credit Outlook -- Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Citrix Systems CEO Mark Templeton to Retire -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Don Clark and Neil Haggerty Citrix Systems Inc. said Chief Executive Mark Templeton planned to retire after two decades at the software maker, which announced a series of leadership and potential structural changes in the wake of pressure from ...

Correction to South Korea MERS Article (on Tuesday)

TODAY: July 29, 2015 PUB DATE: July 29, 2015

South Korea's central bank has cut interest rates once since the outbreak of MERS. "South Korea MERS Outbreak Is Over, Government Says," at 0307 GMT, incorrectly said it had cut interest rates twice in the eighth paragraph. (END) Dow Jones ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Chao Deng Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is ...

S&P Lowers Brazil's Credit Outlook -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Paulo Trevisani BRASÍLIA--Standard & Poor's Ratings Services on Tuesday downgraded its outlook for Brazil's sovereign debt, saying the government will have to show firmer resolve to tackle the country's fiscal woes if it hopes to maintain the nation's investment-grade ...

Asian Shares Flat as Investors Await Fed Meeting

TODAY: July 29, 2015 PUB DATE: July 29, 2015

Asian shares were roughly flat Wednesday, as investors shifted focus to positive corporate earnings and the Federal Reserve's monetary-policy meeting from China's three-day selloff. The Shanghai Composite is up 1.4% at 3715.93. The smaller Shenzhen Composite is 2.3% higher at ...

Oil Prices Rebound From Four-Month Lows

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Biman Mukherji HONG KONG--Oil prices rebounded from near four-month lows on Wednesday as calm returned to equity markets following a selloff in China earlier in the week. The plunge in China's stock market hit trading sentiment and investors withdrew ...

NAB Sells Great Western Bank at Loss to Book Value

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Robb M. Stewart MELBOURNE, Australia--National Australia Bank Ltd. (NAB.AU) has forecast a loss on the sale of regional U.S. lender Great Western Bancorp Inc. (GWB), although the exit will bolster its capital levels. The Australian bank said it had ...

Yelp Cuts Revenue Guidance, Chairman to Step Down -- 3rd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Josh Beckerman And Maria Armental Yelp Inc. lowered its revenue guidance for the year, citing slower sales head-count growth and the elimination of its brand-advertising product. The reviews site expects revenue of $544 million to $550 million for the ...

RBNZ's Wheeler Says Further Monetary-Policy Easing Likely Needed

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Rebecca Howard WELLINGTON, New Zealand--Reserve Bank of New Zealand Gov. Graeme Wheeler reiterated Wednesday that further rate cuts are likely needed to spur economic growth and generate inflation. "We think the economy is currently growing at an annual rate ...

Yelp Cuts Revenue Guidance, Chairman to Step Down -- 2nd Update

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Josh Beckerman And Maria Armental Yelp Inc. lowered its revenue guidance for the year, citing slower sales growth and the elimination of its brand-advertising product. The reviews site expects revenue of $544 million to $550 million for the year, ...

TJX to Buy Australian Retailer Trade Secret

TODAY: July 29, 2015 PUB DATE: July 29, 2015

By Josh Beckerman TJX Cos., the owner of the T.J. Maxx, Marshalls and HomeGoods chains, has agreed to buy Australian off-price retailer Trade Secret from apparel company Gazal Corp. for 80 million Australian dollars ($58.7 million.) Trade Secret, with 35 ...

Federal Lawmakers Propose Credit Reporting Changes

TODAY: July 29, 2015 PUB DATE: July 28, 2015

WASHINGTON?A group of Democratic lawmakers is proposing a bill that would make it easier for people who got rid of credit-card debt using bankruptcy to fix inaccurate credit reports that don't reflect they have earned a clean financial slate. U.S. ...

Federal Lawmakers Propose Credit Reporting Changes

TODAY: July 29, 2015 PUB DATE: July 28, 2015

By Katy Stech WASHINGTON--A group of Democratic lawmakers is proposing a bill that would make it easier for people who got rid of credit-card debt using bankruptcy to fix inaccurate credit reports that don't reflect they have earned a clean ...

Hartford Financial Core Earnings Jump

TODAY: July 29, 2015 PUB DATE: July 28, 2015

Hartford Financial Services Group Inc. said its second-quarter core earnings more than doubled, rising well above analysts' estimates, helped by improved underwriting results. The company also announced plans to boost its dividend and increase stock buyback and debt repayments. The ...

Melrose Sells Elster to Honeywell for $5.1 Billion

TODAY: July 29, 2015 PUB DATE: July 28, 2015

LONDON?Manufacturing group Melrose Industries PLC said Tuesday it has agreed to sell its German-based energy and water business, Elster Group GmbH, to Honeywell International Inc. for £ 3.3 billion ($5.1 billion) in cash. Melrose intends to use the proceeds to ...